Delhiwood 2019: A world of immense opportunities

Delhiwood 2019: A world of immense opportunities

Growing demand for office space, co-working, retail, student housing and residential space is set to offer unlimited opportunities for the Indian furniture manufacturing sector. VISIT DELHIWOOD 2019 from March 13 – 16 to explore market opportunities.

India is the world’s fastest growing economy in major emerging markets. With a GDP of 7.3% in FY 2019, the economy is seen to be robust, having high potential for growth. The key drivers for this growth will be government intervention, sustained investment and strong domestic consumption. In fact, a recent report by the World Economic Forum (WEF) predicts the Indian economy will be the third largest in the world following the United States and China by 2030.

The country’s economic recovery from the effects of demonetization and GST is reflected in the 8.2% GDP growth registered in the first quarter of 2018-19. Robust performance by manufacturing, construction and service sectors supported by good farm output has led to GDP growth.

Topic: The winners of IndiaSkills 2019 competition
to work on test projects in Cabinet Making and Joinery.

Backed by this growth engine, the prospects are bright for the real estate and infrastructure sector in the medium term. There is a clear increase in infrastructure related activities (Smart Cities) and a growth in real estate category (Commercial complexes and Residential Projects).

While certain issues need to be resolved, including slow implementation of RERA by states, lack of regulatory framework for student housing and slowdown of investments in residential markets, overall perspectives remain positive. This is because the real estate and infrastructure sector is steadily evolving towards greater regulation and transparency. As a result, other linked sectors like furniture manufacturing will benefit from this change and grow exponentially.

At the moment, close to 80% of the furniture market is unorganized, with bulk of the supply provided by small and medium sized industries. However, this is changing rapidly with the entry of organized players in the market. E-tailers like Urban Ladder and PepperFry are bringing in consumer awareness and innovation while global giants like IKEA are likely to help the overall market organize faster.

“Woodworking shows like Delhiwood, Indiawood and Mumbaiwood have consistently offered an all-encompassing platform for both the demand and supply side to equip themselves with latest in technology, design, machinery and raw materials.”

Travel information for visitors

Location:
India Expo Centre and Mart is located in Greater Noida, near the JP Golf Course and within easy reach from Central Delhi and Indira Gandhi International Airport on the new 8-lane Greater Noida Expressway. The venue is easily accessible by car from central Delhi within 45 minutes. There are several routes available from the centre of Delhi.

Access by Road

Route 1: Via Ring Road, New Delhi: Take the DND (Noida Toll) bridge and approach Greater Noida exit after the toll booths. Continue past Film City and onto the Expressway.

Route 2: Via Mathura Road – Apollo Hospital – Kalindi Kunj: Drive past the Apollo Hospital and take left for Kalindi Kunj to reach Amity flyover and take the loop to get on the Expressway.

Route 3: Via Ghaziabad – NH24 – Mayur Vihar: Take NH 24 and continue left from Akshardham Setu on Mayur Vihar – Noida road, through the DND underpass. Continue past Film City and onto the Expressway.Access by Metro
Delhi Metro is the fastest and most convenient mode of transport to reach Delhiwood. The station you need to get off is the Botanical Garden. From the Botanical Garden station, free shuttle buses will be made available.Official Travel and Accommodation Partner:International Travel House Limited.

Praveedh Décor
New products in Nivesa range produced using PP/PETG/PVC foils.

Precitec Saw Industries
Precision carbide-tipped circular saw blades

Relwood
Relwood UPB – a waterproof, UV resistant, weatherproof sheet with the look and feel of wood and Relwood profiles for your various applications like decking, cladding or roofing using the patented weatherproof raw material

In spite of the growing demand, close to 70% of furniture requirements are being met via imports from China and other countries. The reaseon – as the demand becomes more organized, driven by corporate or brand specifications, the supply side has to increase their quality standards and delivery orientation. Hence, high customer expectations will be the driving factor for Indian manufacturers to upgrade technology and standards to meet these requirements of global corporations and end users.

To help meet this need, our woodworking shows have consistently offered an all-encompassing platform for both the demand and supply side to equip themselves with latest in technology, design, machinery, raw materials and unlimited market opportunities.

Number speaks

550 + participants from30 countries 12 country pavilions

Delhiwood 2019 scheduled from 13 – 16 March, at the IEML, Greater Noida, India will once again offer the industry an impressive 42,000 square meters demonstration and display of machinery, technology, raw materials, semi-finished products, components, hardware and fittings for the interior and furniture manufacturing sector. The 2019 edition of the show will witness 550 + participants from 30 countries spread across 12 country pavilions.

Furniture & Kitchen manufacturers, architects, interior designers, timber traders, saw millers, builders, contractors, hardware distributors, dealers from all over the country and neighbouring countries such as Nepal, Bhutan, Sri Lanka and the middle-east are expected to participate in the 4-day industry event.